Legal Question in Credit and Debt Law in Pennsylvania
wHAT IS THE STATUTE OF LIMITATION FOR A CHARGED OFF CREDIT CARD IN THE STAT OF PA
Asked on 10/07/11, 10:47 am
1 Answer from Attorneys
For a debt that was incurred in PA and subject to the PA statute of limitations, the statute is 4 years from the date of your last payment. Chargeoff has nothing to do with this - this is just an accounting term.
Answered on 10/07/11, 6:05 pm